The 13 winners in the 2012 Buck$ for Bright Ideas program are one step closer to making their business dreams a reality.
“We will be meeting with each winner to determine their needs and we will tailor the award to meet those needs,” said Doug Rohrer, Associate Vice President for Research and Development at WKU and Executive Director of the Central Region Innovation and Commercialization Center.
About $30,000 worth of services will be awarded to the winning entries, Rohrer said.
Buck$ for Bright Ideas is a publicly funded program that encourages residents in the 26-county Central Region to move forward with their ideas. This year’s program attracted 125 entries with winners selected in three categories: Game Changer, Big Thinker and Dreamers.
Ron Rizzo of Bowling Green received a Game Changer award for his business concept for an underwater submersible. “The concept for the new design of underwater submersible has several market paths ranging from services to the Transportation Department for bridge inspection, research in the field of underwater exploration, and hobbyist use,” he said. “The Buck$ for Bright Ideas program helps to move the concept forward by providing the resources that are required for the commercialization of the product or business plan.
“With the partnership of the ICC and the support from Doug Rohrer and Jeff Hook at the early stages of the process, I hope to make an easy transition into the business incubator ounce the company becomes a viable entity,” Rizzo said.
One of the Big Thinker award recipients was WhyWait CEO Eric Littleton, whose company has developed a smartphone app that lets customers know restaurant wait times, their happy hours, events, menus and deals.
“Buck$ for Bright Ideas will assist in the advancement of our business by financing the cost required to turn our ideas and plans into an operable software product,” Littleton said. “Ideas are easy to come by, but turning them into a tangible system generating revenue requires a substantial amount of money and devotion of time.”
Most award winners aren’t ready to publicly discuss their ideas and business concepts, but expressed appreciation for the assistance provided by the Central Region ICC.
“At this time, I’m unable to disclose the idea for the company, but the staff and team at Buck$ for Bright Ideas have really helped this project of mine move forth and put me in touch with the right people who are able to lead me ahead,” said Big Thinker award recipient Trey Copeland of Bowling Green.
Winners receive free services from regional professional firms for market research, patent research, accounting support, product design help and more. All applicants are eligible to receive one-on-one assistance with their idea at no charge.
“I would like to express my gratitude to the program for the opportunity it allows small business owners and individuals with ideas and concepts that can propel Kentucky forward,” said Scott Norris, a Dreamers award recipient from Owensboro.
The Central Region ICC’s services to help commercialize an innovation and develop a business model to create jobs in the region provide a great opportunity for budding entrepreneurs, said Samuel Hunt, a Dreamers recipient from Bowling Green.
“While I cannot divulge much about my idea, I can say that there are 600 million users of the antiquated equipment that I am attempting to modernize,” Hunt said. “The invention could potentially transform the way they all perform a certain leisure time activity and open the door for even more avid professional and recreational users in the future.”
Other recipients also said the awards would allow them to continue pursuing their innovative ideas.
“My grandmother, Julie Klug, and I are quite happy to be among those selected for prizes in the 2012 Buck$ for Bright Ideas program,” Big Thinker recipient Erin Greunke of Bowling Green said. “It validated the years of work that have gone into creating and developing my grandmother’s idea. The program has given us a renewed boost to continue working toward getting the idea to market.”
Dreamers award recipient Jenniffer Dixon of Elizabethtown agreed. “It’s nice to know that my bright idea isn’t just a good idea in my head alone but that other people find it interesting and worth looking into,” she said. “I’m excited and look forward to making this idea a reality and the Buck$ for Bright Ideas program will hopefully help me move in the right direction and achieve that reality.”
Even the Buck$ for Bright Ideas applicants who didn’t receive awards have ideas that need to be further discussed, Rohrer said. “All contestants are encouraged to meet with their local ICC offices in Bowling Green, Owensboro and Elizabethtown to get advice on how to commercialize their ideas,” he said.
And people with innovative ideas don’t have to wait until next year’s Buck$ for Bright Ideas program. “Anyone with any kind of idea should come and see us any time,” Rohrer said. “We’re open year round and all the offices are available to assist people with their ideas.”
The Central Region includes the following counties: Daviess, McLean, Ohio, Hancock, Butler, Logan, Simpson, Warren, Allen, Barren, Edmonson, Grayson, Breckinridge, Meade, Hardin, Nelson, Washington, Hart, Larue, Marion, Green, Taylor, Metcalfe, Adair, Cumberland and Monroe.
The following winners were announced May 2 at WKU’s Center for Research and Development:
- Game Changers: Frank Klein of Brandenburg; Richard Lymes of Rineyville; Ron Rizzo of Bowling Green.
- Big Thinkers: Trey Copeland of Bowling Green; Erin Greunke of Bowling Green; Eric Littleton of Bowling Green.
- Dreamers: Wilnelsia Awonigi of Bowling Green; Keith Carlock of Owensboro; Jenniffer Dixon of Elizabethtown; Samuel Hunt of Bowling Green; Tau Le of Elizabethtown; Douglas Mitchell of Hodgenville; Scott Norris of Owensboro.
Contact: Doug Rohrer, (270) 901-3490.
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